Fee-less trading platform

portfolio

About the company

Robinhood provides a mobile app and website that offer people to invest in stocks, ETFs, options, and cryptocurrencies with zero commission.

Valuation

$29.33B

Country

USA

Founded

2013

Lead investors

Index Ventures

New Enterprise

Sequoia Capital

Business highlights

1

In January 2021, Robinhood was at the centre of Reddit's /r/WallStreetBets battle against hedge funds. Thousands of activist investors bought GameStop stock, forcing a "short squeeze" on the hedge funds' positions.

2

Robinhood added $3.4 billion to its balance sheet during the GameStop stock squeeze after suspending trades for a week.

3

In July 2021, Robinhood had a successful listing on NASDAQ under the ticker name HOOD. Investors valued Robinhood on its IPO date at $32 billion, while the company raised $2,1 billion for further development.

Management

CEO

Baiju Bhatt

CFO

Jason Warnick

Deal terms

Open an account to get access to the share price

Company tags:
FinTech IPO
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Last updated:
07 April 2022

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